Subsidiary Bank "Home Credit and Finance Bank" says Fitch Ratings affirmed the bank's ratings; outlook "Stable"

/KASE, February 23, 2022/ – Subsidiary Bank "Home Credit and Finance Bank" (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote As of February 21, 2022, the Fitch rating agency affirmed the following credit ratings of the Bank: The long-term Issuer Default Rating (hereinafter – IDR) has been affirmed at "BB-" with a "Stable" outlook. Short-term IDR has been affirmed at "B". Long-term local currency IDR has been affirmed at "BB-", outlook "Stable". National Long-term rating has been affirmed at "A-(kaz)", outlook "Stable". The support rating was withdrawn due to the implementation of Fitch's new methodology of Bank Rating Criteria dated November 12, 2021; according to the new methodology, the bank was assigned a Shareholder support rating of bb-. Viability rating has been affirmed at b+. unquote [2022-02-23]